Global Gaming Granted Licence Review

The latest development in the Swedish licence revocation saga of Global Gaming has seen the Administrative Court of Appeal granting the company a trial permit for the appealed decision.

The issuance of the appeal permit means that the Jönköping Administrative Court of Appeal will now determine whether the decision of the Swedish Gambling Authority to revoke the licence was correct in June 2019.

Last year, the Swedish regulator the Spelinspektionen withdrew from the Global Gaming subsidiary SafeEnt, which runs the igaming entity Ninja Casino alongside spellandet.com, the licence for commercial online gambling and betting.

The authority claimed that it had found “serious deficiencies” in the activities of the company and that it had breached key provisions of the gaming legislation, a particular example demonstrated that consumers were able to spend large amounts of money without responding to the duty of care requirements.

It was also revealed that efforts against money laundering and terrorist financing also demonstrated severe and systemic shortcomings, including weaknesses in the risk assessment of the business and consumer awareness initiatives.

Global Gaming’s new appeal took place in November and was rejected by the Administrative Court of the country; the latest in a series of defeats as the company demanded that the decision not be enforced while a final judgement is still being obtained.

Tobias Fagerlund, Global Gaming CEO, said of the latest development:“We are, of course, relieved that the Administrative Court of Appeal today has granted a review permit of the case. We hope that the Administrative Court of Appeal will eventually share our opinion that the Swedish Gambling Authority’s decision was disproportionate and incorrect.”

Global Gaming reiterated its revocation position in November, with the Malmö headquarters company stressing that “the regulator’s decision needs to be thoroughly examined and needs reviewing in higher courts”. While expressing a conviction that such a review is important not only for its own future on the market “but for the legislation and future of the gaming industry in Sweden.”

Last month, Redeye predicted that it would take some time for Global Gaming to leave behind the effect that the difficulties of 2019 will continue to have on the company, with major losses said to be likely in the short term.